EQT GP Holdings Aktie

EQT GP Holdings, LP is a limited partnership formed in 2015 to own partnership interests in EQT Midstream Partners, LP, a growth-oriented limited partnership formed by EQT Corporation to own, operate, acquire and develop midstream assets in the Appalachian Basin. EQT is a large, investment grade natural gas producer with approximately 630,000 gross acres within the Marcellus Shale, as of December 31, 2014. EQT is the ultimate parent company of EQT GP Holdings (EQGP) and EQT Midstream Partners (EQM). EQGP’s only cash-generating assets are its partnership interests in EQM, comprised of a 30.2% limited partner interest, a 2.0% general partner interest, and all incentive distribution rights in EQM. Upon completion of EQGP’s initial public offering, EQT owns a 90.1% limited partnership interest in EQGP and 100% of EQGP’s non-economic general partner interest.